SNB's Maechler: Still too early to contemplate tightening monetary policy

Below are some key quotes, via Reuters, from the speech delivered by the Swiss National Bank Governing Board Member Andréa Maechleris. Still too ea  |  08/11/2018 18:29

Below are some key quotes, via Reuters, from the speech delivered by the Swiss National Bank Governing Board Member Andréa Maechleris.

  • Still too early to contemplate tightening monetary policy.
  • Economic developments favourable but inflationary pressures low, Swiss franc highly valued, the situation on forex market fragile.
  • Forex intervention has become important tool in implementation of SNB monetary policy.
  • SNB retains ability to steer interest rates even without libor, for instance via negative interest rate on sight deposits.

Share

Popular News

Show More Popular News

Sentiment

Open a Demo Account Open A Live Account

Losses can exceed deposits

RISK WARNING

The information provided herein is for general informational and educational purposes only. It is not intended and should not be construed to constitute advice.

If such information is acted upon by you then this should be solely at your discretion and GKFX will not be held accountable in any way.

  • ForexF
  • IndicesI
  • CommoditiesC
        Back

        Login to Market Insight Account

        Your Market Insight account gives you access to the tools that we offer our customers including our
        Technical Studies & Sentiment for your accounts.

        Forgot Password?

        Don't you have a Market Insight account? With a few easy steps you can easily register to Market Insight

        Create a Market Insight's Account

        Your Market Insight account gives you access to the tools that we offer our customers including our Technical Studies & Sentiment for your accounts.

        register_ty

        Thank you!

        Welcome to Market Insight family!

        You have succesfully completed the registration.
        We will send you an e-mail to give you some
        instructions and our Terms and Conditions!
        Our account representatives will be contacting you as
        soon as possible. If you have any further questions
        please do not hesitate to mail us via info@marketinsight.com